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AssetOwl Limited ( (AU:AO1) ) has provided an announcement.
AssetOwl Limited has announced two significant technology development agreements through its subsidiary, AssetOwl Technologies Pty Ltd. The first agreement with Licella Technology Development Pty Ltd involves advancing sustainable fuel production technology, generating a base fee of A$300,000 over a year. The second agreement with Janus Energy Pty Ltd focuses on automating and monitoring technology for electric vehicle battery swapping, with potential revenue up to A$250,000. These agreements enhance AssetOwl’s position in the sustainable energy sector and provide non-dilutive cash flow, supporting further technology and business development.
More about AssetOwl Limited
AssetOwl Limited operates in the technology industry, focusing on technology optimization and development services. The company, through its subsidiary AssetOwl Technologies Pty Ltd, is involved in developing new technology solutions, particularly in the sustainable energy sector.
Current Market Cap: A$1.95M
For a thorough assessment of AO1 stock, go to TipRanks’ Stock Analysis page.